The Buffet we think of today really emerged with meeting Charlie Munger.
Founded in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors, the company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, via a $6.5 million investment, X.com co-founder Elon Musk became the largest shareholder of the company and its chairman. He has served as CEO since 2008. [0]
"A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders."
Who took ~$5 billion and counting from the government...
I do however notice a general trend of seeing Libertarians on the dole.
- Falcon 1 development was privately funded, but would it have succeeded without DoD/DARPA funding the first three launches of it? [2]
- Falcon 9 development was aided by hundreds of millions of dollars in seed money, not to mention the billions of dollars worth of launch contracts [3]
[1] https://www.politico.com/newsletters/morning-tech/2021/12/13...
[2] https://en.wikipedia.org/wiki/Falcon_1#Launches
[3] https://en.wikipedia.org/wiki/Falcon_9#Conception_and_fundin...
Sure. But the discussion was about "rich people self funding", with him as an example.
I have a couple ideas I would happily self-fund with the state's mid-10 digit assistance.
> I do however notice a general trend of seeing Libertarians on the dole.
If nothing else, it must help with finding the time to write freedom screeds.
More seriously, just about every rich person will tell you all about their bootstraps. I just wish fewer were crass enough to whine so loudly about others getting similar, ah, bootstrap assistance, to theirs.